South America Cashew Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The South American Cashew Market Analysis Report Includes Production Volume, Consumption Value and Volume, Export Value and Volume, Import Value and Volume, and Price Trend Analysis.

South America Cashew Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

South America Cashew Market Size

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South America Cashew Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2019 - 2023
Market Size (2025) USD 612.52 Billion
Market Size (2030) USD 789.22 Billion
CAGR (2025 - 2030) 5.20 %

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South America Cashew Market Analysis

The South America Cashew Market size is estimated at USD 612.52 billion in 2025, and is expected to reach USD 789.22 billion by 2030, at a CAGR of 5.2% during the forecast period (2025-2030).

South America, particularly Brazil, offers optimal conditions for cashew cultivation, including warm temperatures, sufficient rainfall, and well-drained soils. FAOSTAT data shows that the cashew cultivation area in 2022 was 434,033 hectares, slightly lower than the 434,240 hectares in 2021. Despite this reduction, the region experienced increased production due to improved land productivity. FAOSTAT reports that cashew yield in 2022 reached 378.9 kg/ha, a 31.1% increase from the previous year's 288.9 kg/ha, highlighting the region's agricultural efficiency.

Cashews are a key ingredient in various plant-based products, including milk, cheeses, and other vegan alternatives. The growing trend of vegan and plant-based diets in South America has led to an increased demand for cashews as a versatile ingredient. In 2022, a significant development occurred in Brazil when the municipality of Salvador agreed with Conscious Eating Brazil, the Humane Society International, and the city hall. This collaboration aims to provide 10 million plant-based meals annually to over 170,000 students. Additionally, South America's geographical proximity to North America offers a strategic advantage for cashew exports to the United States and Canada. According to, ITC Trade Map in 2023, the United States alone accounted for 36.2% of Brazil's cashew export value, highlighting the strong trade relationship between the two regions in the cashew market.

  

South America Cashew Market News

  • July 2024: The Brazilian government has introduced two harvest plans, one for agribusiness and another for family farming, which includes cashew farmers. The plans allocate over BRL 475 billion (USD 76.7 billion) in credit, with a substantial portion designated for large-scale agricultural enterprises.
  • February 2024: Chile's government implemented phytosanitary import regulations for cashew nuts from all countries of origin. The exporting nation must provide an official phytosanitary certificate declaring that the shipment has been treated for the pathogens Trogoderma granarium and Corcyra cephalonica.

South America Cashew Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Rising Global Demand For Cashews
    • 4.2.2 Increasing Production is Boosting the Market
    • 4.2.3 Government Support and Investment
  • 4.3 Market Restraints
    • 4.3.1 Climate Change and Extreme Weather Events
    • 4.3.2 Competition From Other Producing Regions
  • 4.4 Value Chain/Supply Chain Analysis

5. MARKET SEGMENTATION

  • 5.1 Geography (Production Analysis, Consumption Analysis by Value & Volume, Import Analysis by Value & Volume, Export Analysis by Value & Volume and Price Trend Analysis)
  • 5.2 Argentina
  • 5.3 Brazil
  • 5.4 Chile
  • 5.5 Colombia
  • 5.6 Peru

6. REGIONAL ANALYSIS

  • 6.1 PESTLE Analysis
  • 6.2 Value Chain Analysis
  • 6.3 Government Policies

7. COMPETITIVE ANALYSIS

  • 7.1 Distribution Network and Retail Analysis
  • 7.2 List/Profile of Key Players

8. MARKET OPPORTUNITIES AND FUTURE TRENDS

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South America Cashew Industry Segmentation

Cashew nuts are edible, kidney-shaped nuts rich in oil and protein. They are typically roasted and shelled before consumption. The South American cashew market analysis includes production volume, consumption value and volume, export value and volume, import value and volume, and price trend analysis.

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South America Cashew Market Research FAQs

How big is the South America Cashew Market?

The South America Cashew Market size is expected to reach USD 612.52 billion in 2025 and grow at a CAGR of 5.20% to reach USD 789.22 billion by 2030.

What is the current South America Cashew Market size?

In 2025, the South America Cashew Market size is expected to reach USD 612.52 billion.

What years does this South America Cashew Market cover, and what was the market size in 2024?

In 2024, the South America Cashew Market size was estimated at USD 580.67 billion. The report covers the South America Cashew Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the South America Cashew Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

South America Cashew Industry Report

Statistics for the 2025 South America Cashew market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. South America Cashew analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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